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p 5 Most Effective Business Leadership Development Methods
Few people are born leaders. In most cases, leadership skills and qualities are developed through hard work and persistence, but there’s no point putting in all that effort if you’re not must utilizing the most effective learning and development methods.
Leading a team is about more than simply achieving milestones and goals. It is about inspiring, problem-solving, and ultimately leading a group of people towards a common goal.
There are many different ways of turning an ordinary employee into a great leader, but here are five of the most effective methods.
- Workplace developmental assignments
As a new generation of leaders prepares to take their places as managers, more time and effort is being directed at training leaders, mentors and managers within organizations, from global corporations to local businesses.
One of the most effective methods for developing leadership potential within any sized organization is by giving aspiring managers on-the-job assignments that allow them to experience key challenges they will continue to face as professionals.
In an interview conducted by GovLeaders, Cynthia McCauley suggests that as many as 70% of the experiences that they felt contributed to their development as leaders were work-based challenges.
Developmental assignments allow professionals to learn key skills before they become a formal part of their regular workplace responsibilities. Giving your senior team members developmental assignments will also help you to identify your emerging leaders.
Those who are ready to step up and lead will adapt their skills to various situations throughout the assignment, showing they can put two key leadership qualities into practice – flexibility and initiative.
- Formal Training Courses
Formal training courses are effective for disseminating knowledge and motivating groups of people, as well as providing individuals with the opportunity to receive a qualification or certificate upon completion. The information offered in a formal course should be up-to-date and relevant to the participant’s work challenges, so they have the chance to benefit in a professional capacity while contributing to their organization’s success.
Organizations will get the best return on their investment by choosing a management training provider, such as Leadership Directions, that is willing to work in a face to face environment and offer post-course support to their employees.
- Coaching from the current manager
There are few people who understand the unique challenges and needs within a professional setting more than the current managers. This insight makes them perfectly suited to coaching up-and-coming leaders.
According to the Institute of Leadership and Management, as many as 80% of organizations now use coaching as a training tool. The likelihood that coaching will be utilized increases with the number of individuals within an organization.
While managers tend to receive the majority of coaching opportunities within organizations, team members can benefit too. Currently, it is rare for companies to provide internal-based coaching opportunities to non-managers, which is something that could be hindering many organizations – after all, who knows a business better than the management?
- Coaching from external mentors and coaches
One of the greatest benefits of utilizing the resources of an external coach or mentor is that these professionals have been trained specifically to coach or mentor. It is one thing having the knowledge to share with others, but having the skill to share the information in the most beneficial way is an entirely different story.
Effective coaching is not about instructing or teaching – it is about guiding, questioning and facilitating the learning process. It is a skill that needs to be learned, just like leadership itself.
Furthermore, while most organizations focus on coaching as a method of improving professional skills, they often overlook the benefits that come from focusing on the personal development of qualities such as self-awareness and confidence.
- Mentoring from other internal sources (not their direct manager)
Coaching from a direct manager is a common way organizations develop their people. However, a company can increase the sharing of knowledge and experience further by allowing other mentors from within the organization to provide input.
The mentoring relationship requires a sensitive power balance and, according to Forbes, it should be mentee-driven, with the mentee becoming the driving force in terms of the direction and focus of the relationship.
Leadership is something that can and must be developed. Opting for the most appropriate development strategy is not only sensible but ensures that organizations and the individuals that make up their ranks will continue to benefit long after training has been completed.
Ted Farnsworth is in the news quite frequently and because he is, sometimes you will see postings and comments on the internet saying that Ted is a scam artist. Everyone knows that scam artist do exist and everyone knows that scam artists are ruthless in their quest for money. However you can normally spot a scam artist right away with a little common sense.
What most people don’t understand is, those who write blog posts about Ted Farnsworth and many other entrepreneurs, don’t care if the information they give is true or false if it draws attention to their blogs and articles.
The Truth About Ted Farnsworth And His Scams
The truth is that most articles accusing business people of being scam artists have one sided views and the majority of the Entrepreneur’s aren’t scam artists at all. They are strictly entrepreneurs who had a business venture or two that failed. There is nothing wrong with this, and it does not mean that they are scam artists at all.
If you can show me an entrepreneur who hasn’t failed at some point, then they really are not an entrepreneur, or good business person. If you Google “Donald Trump scam” you will find 410,000 results. If you Google Warren Buffett or even Bill Gates you will find people on the internet who call them scam artist. Because of mistakes or even things that people have blown out of proportion that have happened in those Entrepreneur’s lives. Last but not least, if you Google “Mother Theresa scam” you will find 432,000 results. One of the top results says Mother Theresa was a crook and a fraud. In conclusion, there will always be some people out there trying to dis-credit those Entrepreneur’s and people in general who are trying to get ahead in life and make the world a better place to live.
There is a very true lesson to be learned while thinking along this subject. You can always find bad in people whether it is true or false, when you are looking for it. So we need to look for the good in people and keep our eyes out for those who are scam artists.
Is Theodore Farnsworth Honest Or A Crook?
Don’t just believe Theodore Farnsworth or someone else is a scam artist because you read a blog or article. A blog or article could be totally untrue. Are entrepreneurs perfect…. definitely not!
But honest ones with integrity like Ted Farnsworth go out every day and try to do good. Even when the accusations come, true Entrepreneurs and honest business people will keep going and do as much good as they can no matter what comes their way.
Here are some things that were discovered about Ted Farnsworth that you may not know that are true. Despite all the Scam artist claims, Ted kept going and doing good in his life, he is a true Entrepreneur.
He is also the Chairman and Founder of The Highlander Companies and Chairman and Founder of Millennial Hotel Group. He is responsible for the strategic direction of these companies, for investment and financing activities across all capital platforms, and for the creation and pursuit of new real estate development opportunities and their acquisition.
Theodore Farnsworth an Expert in Strategic Development and Marketing
As an expert in strategic development, marketing and consumer relations; Mr. Farnsworth has utilized these assets and skills building companies throughout his 30-year career. He has owned and operated numerous companies with proprietary products with recognized brand names that he actively helped to develop like Purple. Many of these companies ultimately became publicly held.
Is Ted Farnsworth Credible?
He is an equity partner in a deal comprised of in-demand office buildings located in primary and secondary markets across the U.S. The majority of the portfolio is leased to the General Services Administration, making it the fourth largest landlord for the U.S, government today.
Mr. Farnsworth’s entrepreneurial spirit has led to feature articles in numerous publications, including Forbes, Fortune, Investor’s Business Daily, The Wall Street Journal and The New York Times, to name a few, and appearances on MSNBC and CNBC.
Ted Farnsworth is a fervent believer that success in life is directly associated with a person’s desire and commitment to give back his time and wealth to society. He has been a generous supporter of numerous charities and founded the Far West Haiti Mission, which provides fresh water, housing and work initiatives to the residents of Haiti. Through the Far West Haiti Mission, Mr. Farnsworth also founded a school for the blind. Literally thousands of people have benefitted from his generosity and his perpetual dedication to elevating the human spirit.
Ted Farnsworth And Millennial’s Investment Strategy
Millennial is dedicated to providing excellence in every aspect of real estate investment. We are bringing together high-performance experts whose proven leadership combines decades of pinnacle brand expertise and market cycle success. As industry-shapers, these individuals initiated progressive programs and processes that forever changed the real estate landscape. Particularly- the hospitality landscape – including the repositioning and consolidation of renowned brands, pioneers of strategic hospitality concepts, trendsetting lifestyle collaborations, and farsighted tech-savvy innovations. With new acquisitions and consolidations, the goal is to create an asset that generates a recurring cash flow stream, providing a continuous return on investment for the company and its partners while maintaining the optimal level of financial flexibility and liquidity.